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Ferrero nears about $3 billion deal for WK Kellogg, WSJ reports

Posted to Maritime Reporter on July 9, 2025

The Wall Street Journal reported Wednesday that the Italian candy company behind Ferrero is close to a $3 billion deal with WK Kellogg. This was based on the reports of people familiar with this matter. After the bell, shares of WK Kellogg (the…

Gunvor to stop oil terminal operations at Europoort Refinery

Posted to Maritime Reporter on July 9, 2025

Gunvor, the global commodities trading company, plans to stop all terminal operations at its Europoort refinery in Rotterdam (Netherlands), a spokesperson for the company said on Wednesday. Gunvor will consult with the refinery's works council regarding its plans, the spokesperson said.

Exports of cereals from France's Rouen hub to drop by 40% in 2024/25

Posted to Maritime Reporter on July 9, 2025

The operator of the port said that the poor French harvest was the reason for the 40% drop in 2024/25 cereal shipments. Haropa Port, the port operator, said that 5.2 million tons of cereals were loaded in Rouen during 2024/25 compared to 8.7 millions tons in 2023/24.

Tunisia purchases approximately 50,000 metric tonnes corn at tender, traders claim

Posted to Maritime Reporter on July 9, 2025

European traders reported that the Tunisian grain agency ONF purchased about 50,000 tons of corn from an international auction on Wednesday. The corn was to come from optional origins. The 25,000 tons were purchased in two consignments. One from Raya Trading House at $252.27 per ton…

Tunisia receives offers for 50,000 T of corn, traders report

Posted to Maritime Reporter on July 9, 2025

European traders reported that the lowest price offered by Tunisian's state grain agency ONF in its international tender on Wednesday for about 50,000 tons of animal feed was $244.69 per ton, including freight and cost. No purchase has been made yet, but offers are still being evaluated.

Bangladesh receives offers for 50,000 T of wheat

Posted to Maritime Reporter on July 9, 2025

European traders reported that the lowest price offered by Bangladesh's state grain buyer in an international bid to buy and import 50,000 tons of wheat was $268.90 per metric ton CIF, liner out. Traders said that offers are still being considered but no purchases have yet been made.

Iran's SLAL bids for 60,000 T of corn and soybean meal

Posted to Maritime Reporter on July 9, 2025

European traders reported on Wednesday that the Iranian state-owned animal food importer SLAL had issued international tenders for up to 60,000 metric tonnes of animal feed corn, and 60,000 metrictons of soymeal. They said that the deadline for submitting price offers was also Wednesday, 9 July.

The FLC of South Korea has won a tender to purchase up to 69,000 T of corn

Posted to Maritime Reporter on July 9, 2025

European traders reported on Wednesday that the Feed Leaders Committee of South Korea (FLC) had issued an international tender for purchase between 52,000 to 69,000 metric tonnes of animal feed corn. The deadline to submit price offers for the tender is Wednesday, July 9.

Iranian SLAL offers 120,000 T of feed barley to traders

Posted to Maritime Reporter on July 8, 2025

European traders reported on Tuesday that the Iranian state-owned animal feeding importer SLAL had issued an international bid to purchase at least 120,00 metric tons animal feed barley. They said that the deadline for submitting price offers to the tender is on Wednesday, July 9.

Russell: Iron ore remains calm amid China uncertainties and US tariff turmoil

Posted to Maritime Reporter on July 8, 2025

In recent months, iron ore prices have remained stable despite increasing uncertainty about the future of the steel raw material. The benchmark Singapore Exchange contract closed at $95.25 per metric ton Monday. This is down from $95.89 the previous day…

Tunisia is reportedly looking to purchase around 50,000 tonnes of feed corn

Posted to Maritime Reporter on July 8, 2025

European traders reported on Tuesday that the Tunisian ONF, a state agency, has launched an international tender for the purchase of approximately 50,000 metric tonnes animal feed corn. Grain can come from a variety of origins. They said that the deadline for submitting price offers was Wednesday…

Russell: Iron ore remains calm despite China's uncertainty and US tariff turmoil

Posted to Maritime Reporter on July 8, 2025

In recent months, iron ore prices have remained stable despite increasing uncertainty about the future of the steel raw material. The benchmark Singapore Exchange contract closed at $95.25 per metric ton Monday. This is down from $95.89 the previous day…

Rugby-Evergreen nonu resigns with Toulon at age 43

Posted to Maritime Reporter on July 8, 2025

Ma'a Nonu, a New Zealander who played for the New Zealand national team in the 1990s and 2000s, has signed a new one-year contract with Toulon. In February, the evergreen centre surprised Toulon by making a return. He was brought in as medical…

Treasury: US to reduce exports of LPG from Venezuela

Posted to Maritime Reporter on July 7, 2025

The U.S. Treasury Department announced on Monday that the Trump administration had revoked a license that allowed shipments of LPG to Venezuelan state energy company Petroleos de Venezuela SA. The gas can be discharged until September 5 if it was loaded onto a vessel before or on July 7.

Goodchild's breakthrough IMOCA win makes waves for Britain

Posted to Maritime Reporter on July 7, 2025

Sam Goodchild, a British skipper, has won his first race in the IMOCA class. He led MACIF Sante Prevoyance in the Course des Caps – a 1,800 nautical mile race around Britain and Ireland. Goodchild, who took the lead at Fastnet Rock, off the southwest tip Ireland, never relinquished it.

EU wheat prices ease in U.S. holiday season

Posted to Maritime Reporter on July 4, 2025

The European Wheat Futures dipped on Friday, easing from a week-high. A U.S. Holiday robbed the market of its usual energy and positive harvest prospects. Slow exports also weighed down prices. As of 1618 GMT, September wheat prices on Euronext…

Onuachu side sign by Super Lig, Tall Paul towers to Trabzon and back.

Posted to Maritime Reporter on July 4, 2025

Paul Onuachu, the Nigerian striker who had been on loan at Southampton for a year and a half, has now moved permanently to Trabzonspor. The Saints fans nicknamed him "Tall Paul", but the forward, who stands at 2.01 metres, never really found his feet in the Premier League.

Indonesia continues its search for missing 30 ferry passengers

Posted to Maritime Reporter on July 4, 2025

Officials said that Indonesian rescuers were battling strong currents as they resumed the search on Friday for 30 people who are still missing in the sea, about 35 hours after an Indonesian ferry sank and killed at least six people. Ribut Eko…

Trump's bill allocates $8.6 Billion for US Coast Guard Icebreakers

Posted to Maritime Reporter on July 3, 2025

The massive tax and spending plan of President Donald Trump includes more than $8,6 billion for the U.S. Coast Guard's icebreaker fleet to be deployed in the Arctic where Washington hopes it can counter the rising dominance of Russia and China.

Jordan offers to purchase up to 120,000 tonnes of wheat, traders claim

Posted to Maritime Reporter on July 3, 2025

Jordan's state grain purchaser has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline for submitting price offers is July 15, 2015. The new tender seeks to ship consignments between October 1-15 (or 16-31)…

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